US enterprises may miss the opportunity to benefit from China's ongoing opening-up process if the Sino-US dispute escalates, experts from top government think tanks said on Thursday.
US President Donald Trump and Commerce Secretary Wilbur Ross both tried to calm the panic about a possible trade war on Wednesday, just hours after China slapped a 25 percent tariff on $50 billion of imports from the US, including soybeans, whiskey, cars and airplanes.
At the start of his career, Li Zhengjie would scour the streets, wander university campuses and even climb skyscrapers to drum up business. He quickly realized that being a freelance stenographer is hard work - even before you've landed a client.
A lobbying group for the US soybean industry urged the White House on Wednesday to engage Beijing in a more pragmatic manner to avoid economic harm to farmers, as analysts warned of the economic and political implications of the country's escalating trade standoff with China.
China announced on Wednesday a list of US products valued at $50 billion annually that are subject to additional tariffs as a reciprocal trade measure to safeguard its legitimate interests.
Nine hours after the United States published a proposed list of China imports worth around $50 billion in annual trade it has targeted for additional tariffs, China announced a list of US goods totaling the same value that will be subject to equivalent tariff hikes, fulfilling its promise of retaliatory "measures of the same strength and the same scope".
China will roll out more incentives for overseas Chinese students to return to start their own businesses and make innovations, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.
China is hopeful Western countries will improve relations with Zimbabwe and work toward the country's development, President Xi Jinping said on Tuesday.
President Xi Jinping will deliver a keynote speech at the upcoming opening ceremony of the 2018 Boao Forum for Asia annual conference and will unveil a slew of China's major measures for its further reform and opening-up, State Councilor and Foreign Minister Wang Yi said.
China is developing an advanced scientific drilling ship capable of reaching about 10 kilometers below the seabed that will allow scientists to explore what truly happens in the Earth's mantle.
A Chengdu taxi driver and his wife were reunited on Tuesday with their missing daughter after 24 years as millions of people across China watched the emotional scenes play out on livestreaming websites.
Economists have offered a new approach to depict a fuller picture of commercial relations between China and the United States, rather than just focusing on trade imbalance data, which they said was misleading.
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